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Will Shib Inu ever reach 1 cent?

  • Thread starter Thread starter Nomad
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Nomad

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I started investing in Shib Inu in a hope that the coin will become 1 cent and I will become a millionaire. By the time I understood Shib will never reach 1 cent, I had already invested $1000. Because of its huge supply, shib inu will never grow big even when 50 percent of the coins are burned.
 
Nomad said:
I started investing in Shib Inu in a hope that the coin will become 1 cent and I will become a millionaire. By the time I understood Shib will never reach 1 cent, I had already invested $1000. Because of its huge supply, shib inu will never grow big even when 50 percent of the coins are burned.
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It is nearly impossible for shib inu to reach 1 dollar but it can grow more because of the projects behind it.
 
Nomad said:
I started investing in Shib Inu in a hope that the coin will become 1 cent and I will become a millionaire. By the time I understood Shib will never reach 1 cent, I had already invested $1000. Because of its huge supply, shib inu will never grow big even when 50 percent of the coins are burned.
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I have a little over $1000 invested in Shiba Inu. I have (had) the same vision as you. If it were to hit $0.01 or even a fraction of a penny, that's a ton of money!
 
SHIB will take some time, but I cannot say if it will take 10 years or more to reach $1, yet it won't reach 1 cent so soon.
 
Recently, I read an article on a certain crypto site where the author claimed that shiba could be $9 by 2050. Well, based on the total supply of the coin, it does not look like it is going to happen even if they burn a lot of coins.
 
Nomad said:
Recently, I read an article on a certain crypto site where the author claimed that shiba could be $9 by 2050. Well, based on the total supply of the coin, it does not look like it is going to happen even if they burn a lot of coins.
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Yeah. What will happen in 2050 is a far thing, we don't know what actually the price could be, it is possible that some other crypto reach much higher.
 
The predictions are based on assumptions and also preference, those who favor a certain coin will be too optimistic and predict a high value for a coin, and those who are highly critical of the token or coin will give a low value.
 
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